Debt Community Network

#debtCN is a digital repository for the ESRC Grant 'Crafting an Alternative Politics of Debt' and collaborative space to engage with the many aspect of the politics of debt and indebtedness

Debt Community Network

Crafting an Alternative Politics of Debt: spaces and places of everyday action

by Political Economy Research Centre

Debt Community Network

The UK’s everyday debt economy

A brief summary: Over a period of six months we investigated non-state and non-market sites of debt resilience in the UK and, in doing so, observed the new everyday political economy of indebtedness. We found that civil society organisations seek to fill the policy void created by government inaction by generating meaningful data on household […]

by Johnna Montgomerie

Debt Community Network

Payday lenders: why aren’t consumers shopping around for their loans?

At the beginning of the year there was a major victory for consumer advocates who wanted to see increased regulation over the payday loans industry, including the implementation of a price cap to stop lenders ripping off hard-up consumers. We might have known that that wouldn’t be the last we heard of the industry. We […]

by Carl Packman

Debt Community Network

Payday lenders let off the hook as regulators miss the point

by Johnna Montgomerie and Carl Packman

Debt Community Network

Despite credit cap, Britain’s payday lenders will live to loan another day

The announcement that payday lending industry will – finally – see a cap on the cost of credit is welcome news. But any belief that this one simple measure will eliminate the industry would be mis-guided. For a start, the cap on the cost of a payday loan introduced by the Financial Conduct Authority (FCA) […]

by Johnna Montgomerie and Carl Packman

Debt Community Network

The Debt Bomb

by Carl Packman

Debt Community Network

Debt in the Wider Economy

This group of posters links debt to wider issues in the U.K. economy, demonstrating the complex economic, legislative and socio-cultural dynamics of debt. Poster 1: Know Your Enemy This poster represents the multi-pronged approach of trying to reform high cost credit lenders or legal loan sharks (Payday lending, doorstep catalouge lenders etc,). It outlines some […]

by Carl Packman